The "Medical Robots Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.
The medical robots market is projected to grow at a CAGR of 12.96% to reach US$4090.663 million by 2024, from US$1968.884 million in 2018.
Increase in funding for medical robots, technological advancements and issuing IPOs by the medical robot companies are some of the driving factors driving the growth of the global medical robots market in the forecast period. Also, with the adoption of minimally invasive surgeries, surgical robots are in high demand emanating the market growth in the coming years and beyond.
Major applications of medical robots include telepresence, surgical assistants, rehabilitation robots, medical transportation robots, sanitation, and disinfection robots, and many more.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Major industry players profiled as part of the report are Intuitive Surgical, Inc., Stryker, Hocoma, Mazor Robotics, and Auris Health Inc. among others.